LEASES (Tables)

12 Months Ended

Dec. 31, 2021

LEASES [Abstract]

Components of Operating Leases

The cost components of our operating leases follows:

	2021		2020		2019
	(In thousands)
Operating lease cost	$	1,672	$	1,780	$	2,217
Variable lease cost		63		69		142
Short-term lease cost		64		36		19
Total	$	1,799	$	1,885	$	2,378

Supplemental Balance Sheet Information Related to Operating Leases

Supplemental balance sheet information related to our operating leases follows:

	2021			2020
	(In thousands)
Lease right of use asset (1)	$	6,481		$	7,646
Lease liabilities (2)	$	6,602		$	7,868
Weighted average remaining lease term (years)		6.50			7.12
Weighted average discount rate		2.3	%		2.4	%

(1) Included in Accrued income and other assets in our Consolidated Statements of Financial Condition.

(2) Included in Accrued expenses and other liabilities in our Consolidated Statements of  Financial Condition.

Maturity Analysis of Lease Liabilities

Maturity analysis of our lease liabilities at December 31, 2021 based on required contractual payments follows:

	(In thousands)
2022	$	1,619
2023		1,311
2024		816
2025		809
2026		744
2027 and thereafter		1,795
Total lease payments		7,094
Less imputed interest		(492	)
Total	$	6,602